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Show I WEST OPPOSES BLUE SKY BILL WASHINGTON. May 3. Opposition Opposi-tion to the Denison blue sky bill is developing In the house of representatives, repre-sentatives, with western members urging that stock exchanges ol 1 Ities of less than luu.000 be included. In ' the debate of the bill yesterday the western members urged that stock . xchaaK' ! !n ludi d Representative Layton. Delaware. ' opposed the bill on the ground that it would arrest mineral development Ij 1 because most mining corporations - when first chartered are not sure of p . proving successful. Representative Denison. Illinois, admitted that he - was not able to give much informi-tion informi-tion on mining propositions, although he had drafted the bill, reported it to lil' 'l the house .mu made an extended I I B speech In its favor. Representative Smith Idaho, point-ttwi'lli point-ttwi'lli "d out lnat tn 1,4,1 v,oulu wf,rk n',ri1- i U ( ship on the prospector and small f IjJ' f companies who would be required to 'ake out rertlf lcates in order to do business In those states. He pointed Z out that money Investment was nee-. nee-. s-nry tn mining undertaking. Representatives Rep-resentatives Summers. Washington, d Jones. Texas, pointed out that the proposed law discriminated Lgainst the email companies In that it did not apply to securities sold on stock exchanges. SALT LAKE May 3. Conforming PHlA I lo tne clion taken by the mining committee of the Salt Iake Commercial Commer-cial club are the resolutions protesting protest-ing against the passage of the proposed pro-posed Denison bill recently adopted by the Ada chapter of the Idaho Mining Min-ing association The resolutions adopted by the Idaho organization request the congressional con-gressional delegation and the various civic associations of the state to use every effort to defeat the proposed legislation. It Is asserted by the Idaho men that the Denison bill will prevent development de-velopment of western mineral resources re-sources and unfairly legislate against mining interests. The resolutions are -igned by J. B Eldrldge, Stewart ampbell, Frank B. lohnesse, W. H Paddock. I. H. Friar. John E. Look W . and James S. Bogart The Denison bill, which propose to coordinate the activities of the blue sky commissions of the various states, contains a clause discriminating discriminat-ing against stocks listed upon exchanges ex-changes of cities having a population of less than 500.000 The mining committee of the Commercial club has asked the Utah congress'ona'. delegation del-egation to oppose the passage, of the. bill In Its present state, b I loving that the legislation, if passed, will impose im-pose a handicap upon exchange of cities having a population of lees a, than 500,000. |